Broadcom (Avago) to Buy Marvell?

"No," answers Marvell

This is a Press Release edited by StorageNewsletter.com on March 11, 2016 at 3:13 pm

Marvell Technology Group Ltd. is aware of certain press reports speculating that Avago Technologies (Broadcom Limited) is a potential purchaser of Marvell.

Marvell’s policy is not to comment on rumors or speculation, but because this particular rumor has the potential to be disruptive to Marvell’s business, Marvell is confirming that it has not been and is not engaged in discussions with Avago with respect to any possible offer to acquire Marvell.

Marvell does not intend to comment further on this or other rumors or speculation.